Finns trial Basic Income Scheme

The Finnish Government has moved ahead with plans to trial a Basic Income Scheme on 2,000 random citizens to study the impact on employment.

Under the scheme, recipients receive a basic income of $US600 per month. Prime Minister Sipila wants to see if the measure can boost employment and simplify the welfare benefits system. “The primary goal of the basic income experiment is to promote employment,” he said.

Canada is trialling a similar system. A Swiss referendum in June rejected a more generous scheme to pay adults $US2,500 per month and children $US600.

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